In Cleveland, OH you can buy properties that go way over the 1% rule and generate cash flow day 1. 

I have been buying in the north west metro (Delano) We have very similar hobbies and even day job, I work in Hvac. would love to  help anyway I can as you are starting out!

So far, this has worked well for us, allowing us opportunities to buy cash flowing properties with appreciation potential

Get your buy box down, remove all war zones from consideration, I personally look for 2-4 units for fixed rate debt.

I think your idea of trying to buy it yourself is an excellent one!

I'm working on my 2nd sub to lead via SMS/reireply, this one I'm planning on buying.

Or should I focus on trying to make more money per year before buying a rental?

I have recently moved to Steadley Insurance Company for my rental properties as my insurance broker found they were cheaper than Liberty Mutual Insurance which I have had in the past.  I have had two occasions where S...

After the market crashed in 2008 we went on a buying spree from about 2009 until 2015/6 (buy & hold) until the numbers didn't make as much sense as the prices started creeping up again, rent prices were flat and many competitors started entering the marketplace.  

Investment Info:Single-family residence buy & hold investment.